MHRIL Mumbai Relationship Manager Salaries by 4 Employees

0 - 3 years exp.

₹4 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Relationship Manager Salary in Hospitality Companies for 0 - 3 years of experience

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Last Updated: 3 Jul 2023

Companies similar to MHRIL for Relationship Manager in Mumbai

MHRIL Relationship Manager Salary

0 - 3 years exp. (4 salaries)

₹4 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Holidays & Resorts Relationship Manager Salary 0 - 8 years exp. (57 salaries)	₹2.5 L/yr - ₹8.5 L/yr 7% more	8 job openings
Oyo Rooms Relationship Manager Salary 0 - 10 years exp. (30 salaries)	₹2.8 L/yr - ₹6.5 L/yr 32% more	2 job openings
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Sterling Holiday Resort Relationship Manager Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 1% less
ICICI Bank Relationship Manager Salary 0 - 19 years exp. (1.9k salaries)	₹3.1 L/yr - ₹11.5 L/yr 76% more	1 job opening
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (827 salaries)	₹2.4 L/yr - ₹11.8 L/yr 61% more	64 job openings

Relationship Manager salary at MHRIL ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of MHRIL.

Experience wise MHRIL Relationship Manager salaries in Mumbai

Last Updated: 3 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr

Salary related reviews for MHRIL

Team Manager in Raipur

Sales & Business Development Department

1.0

• posted on 26 Mar 2021

1.0

for Salary and Benefits

Likes

It's totally Terrible

Dislikes

There is a lot of politics and the management doesn't address our issue.Company hold our salary with out information.Career growth is slow.So plz its a request don't join this company..

Salary - Bad

+5 more

Food & Beverage Executive in Shimla

Food, Beverage & Hospitality Department

1.0

• posted on 25 Mar 2021

1.0

for Salary and Benefits

Likes

Due to the no so interested HOD I was able to run the show on my own which sharpened my leadership skill, I was able to be a good decision maker and I learnt Indian guest handling , made my dealings smoother

Dislikes

Working at MHRIL was totally unsatisfactory, company has been growing tremendously , they have the product , they have the client but lack service , I mean the real service culture is missing. They are still struck on just like selling cars and forgetting. Their standards are below par so they have to discount everything. If customer asks for discounts they will give becoz they know they are selling sub standard product

Salary - Bad

+6 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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MHRIL Relationship Manager Salary FAQs

What is the salary of Relationship Manager at MHRIL in Mumbai?

The average salary of a Relationship Manager at MHRIL in Mumbai typically ranges from ₹4.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Relationship Manager in Mumbai at MHRIL earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Relationship Manager Salaries at MHRIL can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 MHRIL employees in India.

What is the estimated take home salary of a Relationship Manager at MHRIL in Mumbai?

The estimated take-home salary of a Relationship Manager at MHRIL in Mumbai typically ranges from ₹34,120 to ₹35,373 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of MHRIL. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MHRIL for Relationship Manager in India?

ICICI Bank	₹3.1 Lakhs to ₹11.5 Lakhs per year
HDFC Bank	₹2.4 Lakhs to ₹11.8 Lakhs per year
Oyo Rooms	₹2.8 Lakhs to ₹6.5 Lakhs per year
Mahindra Holidays & Resorts	₹2.5 Lakhs to ₹8.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MHRIL, depending on the role and experience level.

What is the salary of a Relationship Manager in companies similar to MHRIL in Mumbai?

The salary of a Relationship Manager at companies similar to MHRIL in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sterling Holiday Resort

₹4.0 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Relationship Manager at MHRIL in Mumbai?

The salary growth for a Relationship Manager at MHRIL in Mumbai depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Mumbai can expect the following growth trajectory at MHRIL:

Experience	Average Salary Range
Fresher	₹4.1 Lakhs to ₹5.2 Lakhs per year
1 year	₹4.1 Lakhs to ₹5.2 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year

and so on.

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MHRIL Relationship Manager Salaries in Mumbai

MHRIL Relationship Manager salary in Mumbai ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MHRIL latest salaries received from various employees of MHRIL.